How Bitcoin Reaches $1M | Store of Value Thesis Explained! Could go a LOT higher!
https://www.patreon.com/InvestAnswers
#Bitcoin #BitcoinTo1Million #BitcoinPricePrediction
Today's video on my new Thesis on how Bitcoin can reach $1M and more.
0:00 Intro
0:10 DISCLAIMER The opinions expressed in the video are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry.
0:30 Money Money Money
Fed no longer have any control
Too many notes circulating
Painted into a box
Raising interest rates will crippled debt further
1:00 Unleash Bitcoin!
"Right now, if you buy and sell gold, you get it taxed, they can do that. If you make a profit in Bitcoin u get taxed . You can't tax money, you don't tax it. If you bought a dollar a year ago and it went down 10%, you can't take a loss because your dollar lost value," Paul noted, but it's important to let the free markets decide what's best instead of having the state intervene. BTC is freedom
2:00 Guggenheim Minert - Like Clockwork! $315 billion investment firm
Up to 10% into Bitcoin for one fund
Looking at GBTC
Did not confirm or deny buying
He publicly admitted he sees BTC going to 400-600K
Notably, this is a second Guggenheim fund that may offer exposure to crypto. In November, Guggenheim Funds Trust filed an amendment with the SEC to allow its $5 billion Macro Opportunities Fund to invest up to 10% of the fund’s net asset value in the Grayscale Bitcoin Trust (GBTC), an ETP that tracks the price of bitcoin. Forbes is unable to confirm whether Guggenheim purchased any GBTC shares, and the firm did not respond to questions before publication.
3:00 A $1 million bitcoin price equates to a total supply valuation of $21 trillion
How Bitcoin Goes Above $1M
Notably, this is a second Guggenheim fund that may offer exposure to crypto. In November, Guggenheim Funds Trust filed an amendment with the SEC to allow its $5 billion Macro Opportunities Fund to invest up to 10% of the fund’s net asset value in the Grayscale Bitcoin Trust (GBTC), an ETP that tracks the price of bitcoin. Forbes is unable to confirm whether Guggenheim purchased any GBTC shares, and the firm did not respond to questions before publication.
3:30 Number of Coins
Less than 14 million coins.
4:00 Impact of Money Flow into Bitcoin
20X
ie $1BN flows into the market
=
Market Capitalization grows by $20BN
4:30 HODL Wave
Bitcoin’s Market Participants Never Have Been More Long-Term Focused more than 60% of bitcoin’s supply had not moved in more than a year
5:00 Treasuries
According to Cathie Wood - if all S&P 500 companies were to allocate 1% of their cash to bitcoin,1 its price could increase by approximately $40,000.
6:00 What is a SOV?
6:30 Let’s Examine the SOV’s Today
Gold market cap - 12 trillion
20% move to Bitcoin
This means $2.4T flow into Bitcoin
Gold SOV - Thesis 20% Moves to Bitcoin
7:00 Bond market cap - 120 trillion
Note 20T have -ve Yields today
10% move to Bitcoin
This means $12T flows into Bitcoin
Bond SOV - Thesis 10% Moves to Bitcoin
$18 trillion worth of those bonds have negative yields today!
8:00 Equities value - 100 Trillion
1% moves to Bitcoin
This means $1T flows into Bitcoin
Equities SOV - Thesis 1% Moves to Bitcoin
Nasdaq and NYSE are 50T alone
9:00 Real estate value - 200 Trillion
1% moves to Bitcoin
This means $20T flows into Bitcoin
Real Estate - Thesis 1% Moves to Bitcoin
10:00 Number Crunch
Asset
Value in Trillions
% Flow to BTC
Flow to
BTC in Trillions
Gold
12
11:00 The 20x Multiplier
The MODEL
Increase in Market Cap
348,000,000,000,000
Number of Bitcoin assumed
19,000,000
Price per Bitcoin
$18,315,789
12:00 Assuming a 1x Multiplier (completely unrealistic)
The MODEL
Increase in Market Cap
17,400,000,000,000
Number of Bitcoin assumed
19,000,000
Price per Bitcoin
$915,789
12:10 Assuming a 1x Multiplier (completely unrealistic) with True Supply
The MODEL
Increase in Market Cap
17400000000000
Number of Bitcoin assumed
14,000,000
Price per Bitcoin
$1,242,857
12:30 Reminder: What $1M is Worth in 2030
What is $1M Worth in 2030
INFLATION RATE
3%
7%
10%
15%
$1,000,000
$1,000,000
$1,000,000
$1,000,000
REAL PURCHASING POWER in 2030 (FIAT DEBASEMENT)
$766,417
$543,934
$424,098
$284,262
Theoretically very possible!
A Million Dollar Bitcoin?
12:40 Hence Saylor says 200x From Here!
Don’t Miss the Boat!
“It’s ok to be wrong. It’s not ok to stay wrong.”
-Old-time Wall Street Trader
Patreon.com /
Want more?
(you know what to do!)